Price leadership is assumed to stabilize the price and maintain price discipline. This also helps in attaining effective price leadership, which works under the following conditions: i. When the number of organizations is small. Advertisements: ii. Entry to the industry is restricted. iii. Products are homogeneous. iv.
Lactic acid fermentation is a biological process by which glucose and other six-carbon sugars (also, disaccharides of six-carbon sugars, e.g. sucrose or lactose) are converted into cellular energy and the metabolite lactate.actic acid fermentation is also used in the production of sauerkraut. The main type of bacteria used in the production of sauerkraut is of the genus Leuconostoc. As in yogurt, when the acidity rises due to lactic acid-fermenting organisms, many other pathogenic microorganisms are killed.
Some examples of anaerobic respiration include alcohol fermentation, lactic acid fermentation (which can result in yogurt and in sore muscles), and in decomposition of organic matter. The equation is: glucose + enzymes = carbon dioxide + ethanol/lactic acid. Lactic acid fermentation occurs when the pyruvates are converted to lactic acid. 2  This can happen when bacteria are used to make yogurt from milk, and also in the muscle cells of animals as a result of hard exercise.